CLOSE PERIOD TRADING UPDATE (4239C)
01 5월 2012 - 3:00PM
UK Regulatory
TIDMCHG
RNS Number : 4239C
Chemring Group PLC
01 May 2012
FOR IMMEDIATE RELEASE 1 MAY 2012
CHEMRING GROUP PLC
CLOSE PERIOD TRADING UPDATE
Chemring Group PLC ("Chemring" or "the Group") today provides an
update on trading as it enters the close period in respect of its
interim results for the half year ended 30 April 2012.
The Group is pleased to confirm that all five orders identified
as key to 2012, and listed in the full year results presentation in
January 2012, have now been received. Detailed announcements on the
NIITEK and Chemring Countermeasures contracts will be issued
separately. The other three contracts were awarded earlier in the
half.
Since the publication of the Interim Management Statement on 1
March 2012, there have been no significant changes to the Group's
trading or outlook. Accordingly, the Board's expectations for the
full year remain unchanged.
The interim results for the half year to 30 April 2012 are
expected to be announced on Tuesday 19 June 2012.
For further information:
Chief Executive, Chemring Group
Dr David Price PLC 01489 881880
Finance Director, Chemring Group
Paul Rayner PLC 01489 881880
Director of Communications and
Investor Relations, Chemring
Rupert Pittman Group PLC 01489 881880
Anthony Cardew/
Emma Crawshaw Cardew Group 020 7930 0777
Notes to Editors:
-- Chemring is a manufacturing business with facilities in eight
countries selling high technology electronics and energetic
products to over eighty countries worldwide.
-- The Group has a diverse portfolio of products protecting
military people and platforms against a constantly changing
threat.
-- Operating in high margin, niche markets with short product
development timescales, Chemring has the agility to rapidly react
to urgent customer needs.
-- Chemring adopts a balanced strategy of organic growth and
small bolt-on acquisitions, and maintains balanced geographic and
market profiles, with a growing presence in non-NATO countries.
-- Strong R&D investment for new products and improvements
in technology continually allows Chemring to expand its addressable
markets.
www.chemring.co.uk
Cautionary Statement:
This announcement contains forward-looking statements that are
based on current expectations or beliefs, as well as assumptions
about future events. These forward-looking statements can be
identified by the fact that they do not relate only to historical
or current facts. Forward-looking statements often use words such
as anticipate, target, expect, estimate, intend, plan, goal,
believe, will, may, should, would, could, is confident, or other
words of similar meaning. Undue reliance should not be placed on
any such statements because they speak only as at the date of this
document and, by their very nature, they are subject to known and
unknown risks and uncertainties and can be affected by other
factors that could cause actual results, and Chemring's plans and
objectives, to differ materially from those expressed or implied in
the forward-looking statements.
There are a number of factors which could cause actual results
to differ materially from those expressed or implied in
forward-looking statements. Among the factors that could cause
actual results to differ materially from those described in the
forward-looking statements are; increased competition, the loss of
or damage to one or more key customer relationships, changes to
customer ordering patterns, delays in obtaining customer approvals
for engineering or price level changes, the failure of one or more
key suppliers, the outcome of business or industry restructuring,
the outcome of any litigation, changes in economic conditions,
currency fluctuations, changes in interest and tax rates, changes
in raw material or energy market prices, changes in laws,
regulations or regulatory policies, developments in legal or public
policy doctrines, technological developments, the failure to retain
key management, or the key timing and success of future acquisition
opportunities or major investment projects.
Chemring undertakes no obligation to revise or update any
forward-looking statement contained within this announcement,
regardless of whether those statements are affected as a result of
new information, future events or otherwise, save as required by
law and regulations.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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